12th Class
Accountancy
Goodwill
Question Bank
MCQs - Goodwill : Nature And Valuation
question_answer
X and Y are partners. They have provided following information on the admission of a new partner Z. Share capital = 10,00,000 ; Reserves & surplus = 3,00,000; Outside liabilities = 3,00,000; Total asset = 16.00,000 (Including Miscellaneous expenditure of Rs.1,00,000). Capital employed of the firm is :